Vetoing Sale
World Economy

Vetoing Sale

The head of Australia’s foreign investment review board said a decision to block the A$10 billion ($7.7 billion) sale of the country’s biggest energy grid to Chinese bidders was based on new information and not politically motivated, AAP reported.  In a series of interviews with local media published on Tuesday, review board chairman Brian Wilson defended the agency’s handling of the proposed sale of Ausgrid to the short-listed bidders, State Grid Corp of China and Hong Kong’s Cheung Kong Infrastructure Holdings. Treasurer Scott Morrison announced last week that the government would veto the sale to those companies based on national interest.

Short URL : http://goo.gl/GXw8ee
  1. http://goo.gl/1br7NW
  • http://goo.gl/zJ8jxY
  • http://goo.gl/cfMXEN
  • http://goo.gl/aqGJqE
  • http://goo.gl/YTQRDZ

You can also read ...

US has accused ABLV of money laundering and breaching  sanctions on North Korea.
The European Central Bank said Saturday it has determined that...
Mexico Hosts 39 Million Tourists, Earns $21 Billion
Mexico saw record revenues from international tourism in 2017...
Debt to GDP ratios across the OECD averaged 73% last year and its members are set to borrow $14.67 trillion from the markets this year.
The world economy is at risk from a rising tide of government...
S&P Ups Russia to Investment Grade
Russia received a long-awaited upgrade to its sovereign rating...
Peru Deficit Narrows
Peru had a current account deficit of 1.3% of the gross...
Manafort Indictment Spells Trouble for Bankers
Recently filed federal charges against President Donald Trump’...
China’s Geely Buys $9 Billion Daimler Stake
The founder of Zhejiang Geely Holding Group Co. has...
Thorny issues such as content rules for  cars remain unsolved.
It’s looking increasingly likely Nafta talks will extend...